For credit unions currently using the Simplified CECL Tool, the September 2026 release facilitates calculating the credit loss expense on loans and leases for the period ending Sept. 30, 2026. To get ...
WASHINGTON—Mortgage applications declined 1.5% from the previous week as the average rate on a 30-year fixed mortgage climbed ...
SAGINAW, Mich.— Family First Credit Union CEO Jane Smith is no longer with the $96.8-million credit union, the latest development following the controversy over an AI-altered social media photo that ...
WASHINGTON—The Justice Department is urging a federal appeals court to reverse the judgment that reinstated former NCUA board members Todd Harper and Tanya Otsuka, arguing Congress placed no ...
ST. LOUIS—Together Credit Union can move forward with cybersquatting and Missouri trademark-dilution claims against a lending ...
One more practical point. A credit union buying a bank already needs NCUA approval, which covers its financial condition and ...
WASHINGTON—A business advocacy group representing community lenders has sued the Trump Administration in an effort to force the Treasury Department to distribute $289 million in congressionally ...
WASHINGTON--The Senate could consider House-passed legislation addressing the end of penny production this week, and in a letter sent Tuesday, America’s Credit Unions urged Senate leaders to clear the ...
The letter urges the FCC to base the scorecard on measurable results rather than rating providers on compliance with existing laws. Specifically, the scorecard should report the number of illegally ...
Among AI power users, that figure rises to 98.9%, while 95.7% of mainstream AI users have turned to the technology to help ...
Schroeder spent 14 of his 21 years at Corporate Central as president/CEO. During that time, he worked to expand the corporate ...
PURCHASE, N.Y.—For decades, credit unions and banks have spent heavily to become “top of wallet,” using rewards, cash back, sign-up bonuses and loyalty programs to make their card the one consumers ...